Business

WASHINGTON - A bill introduced by freshman Reps. Sharice Davids, D-Kan., and Jim Hagedorn, R-Minn., and intended to provide women entrepreneurs greater access to resources and training has passed through the House Committee on Small Business without objection. H.R. 4405,... Read More

WASHINGTON - A provision in the Justice Department’s annual funding bill is likely to alter the criminal liability risks for sellers and handlers of cannabis products. Ten states have authorized limited sales of the psychoactive drug for recreation, despite the... Read More

WASHINGTON - Scottish whisky, French wine and Italian cheese all could feel the wallop of hefty tariffs now that the World Trade Organization decided it will allow the United States to place tariffs on $7.5 billion of European Union goods.... Read More

WASHINGTON – Representative Cindy Axne, D-Iowa, led a group of freshman House Democrats in introducing legislation to protect Americans from "surprise bills" due to out-of-date insurance directors. The UPDATE Act requires insurance companies to regularly update their provider directories to... Read More

WASHINGTON - The D.C. Circuit Court of Appeals on Tuesday issued a mixed ruling on the Federal Communications Commission's 2017 repeal of so-called net neutrality, allowing the claw back to stand while striking down a provision blocking states from adopting... Read More

WASHINGTON - The House passed a bill earlier this week that would grant legal marijuana businesses access to banking, resolving a longstanding challenge for the growing industry. The bill, called the SAFE Banking Act, passed 321-103 on the strength of... Read More

WASHINGTON - Kristalina Georgieva, a Bulgarian economist and top World Bank official, has been named the new head of the International Monetary Fund. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central... Read More

WASHINGTON - Reps. Patrick McHenry, R-N.C., and Carolyn Maloney, D-N.Y., have introduced legislation to make financial data more easily available online and less opaque. McHenry, ranking Republican of the House Financial Services Committee, said with technology playing such a large... Read More

WASHINGTON - Women-owned businesses continue to fuel the economy and now represent 42% of all businesses — nearly 13 million — employing 9.4 million workers and generating revenue of $1.9 trillion, according to a new report commissioned by American Express.... Read More

WASHINGTON - A majority of chief financial officers surveyed by Duke University believe the United States will be in an economic recession by the 2020 Election, despite continuing low unemployment. Fifty-three percent of the 225 CFOs participating in the latest... Read More

WASHINGTON -  The New Democrat Coalition released policy principles and endorsed legislation to combat climate change Wednesday, seeking to "address the climate challenge with the urgency the crisis demands" and further their belief the U.S. is best positioned to be... Read More

WASHINGTON — The Trump administration announced Thursday that it is repealing an  Obama-era clean water rule that had placed limits on polluting chemicals that could be used near streams, wetlands and other bodies of water. According to the Environmental Protection... Read More

WASHINGTON - Fifty attorneys general launched an antitrust investigation into Google Monday, announcing their effort on the steps of the U.S. Supreme Court building. Texas Attorney General Ken Paxton, who is leading the bipartisan coalition, said Monday the probe will... Read More

WASHINGTON - The House will vote next week on a trio of bills that would effectively block all new offshore oil and gas drilling in the waters around the United States. In a letter to House members, Democratic House Leader... Read More

WASHINGTON - With trade tensions between U.S. and China still on a high boil, Australia stands poised to become the Defense Department's primary supplier of Rare Earth metals, a department official said Monday. Rare Earth metals are a collection of... Read More

WASHINGTON - The Pentagon is seeking to recruit private investors to invest in a new generation of American-made small drone technology as an alternative to Chinese models. Ellen M. Lord, the Undersecretary of Defense for Acquisition and Sustainment, told reporters... Read More

In July, freshman Representative Deb Haaland, D-N.M., was joined by a dozen colleagues to introduce important legislation aimed at supporting family-friendly workplaces and incentivizing businesses to implement family-friendly policies for their workers.  H.R. 3838, the Honoring Family Friendly Workplaces Act,... Read More

WASHINGTON — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening the trade conflict between the two nations at a time when the president insists "China wants... Read More

WASHINGTON — Seventy-four percent of U.S. business economists participating in a new survey believe the United States will slip into a recession by the end of 2021, despite the White House's insistence that the "fundamentals" of the economy remain strong.... Read More

WASHINGTON - A majority of large employers believe the Medicare for all proposals being touted by some White House aspirants would lower the number of uninsured in the United States, but at a cost of higher taxes and a decline... Read More

WASHINGTON - Representatives John Katko and Anthony Brindisi have launched a bipartisan effort to hold the international commission that manages outflows from Lake Ontario accountable for recent historic flooding. Katko, a Republican, and Brindisi, a Democrat, have gotten the Government... Read More

Freshman Representative Chrissy Houlahan, D-Penn., was joined by Representative Troy Balderson, R-Ohio, to introduce bipartisan and bicameral legislation to enhance commercialization services for federally funded research and development.  Introduced in the House on July 18, H.R. 3839, the Research Advancing... Read More

Twelve states are suing the Trump administration over its decision to deeply roll back potential penalties against automakers that violate federal fuel efficiency standards. The National Highway Traffic Safety Administration proposes a 61 percent reduction in penalties for violations of... Read More

WASHINGTON - Earlier this month, freshman Rep. Jason Crow, D-Col., had the pleasure of seeing one of his first pieces of legislation passed unanimously in the House by a voice vote. Crow’s SBA Cyber Awareness Act requires the Small Business... Read More

Legislation intended to make it easier for small businesses to comply with federal regulations passed the House with bipartisan support last week. Introduced by freshman Representative Antonio Delgado, D-N.Y., the bill requires the Small Business Administration to create a centralized... Read More

WASHINGTON - Credit reporting giant Equifax Inc. signed a settlement Monday in which it agreed to pay as much as $700 million to resolve government and consumer complaints resulting from a data breach that exposed the personal financial information of... Read More

WASHINGTON - Members of the New Democrat Coalition's Healthcare Task Force asked the House leadership on Wednesday to hold a floor vote on drug pricing bills with bipartisan support as early as next week. The request was made in a... Read More

WASHINGTON - Newsroom employment continues to decline across the United States, driven primarily by job losses at newspapers, a new study says. For a report released Wednesday, the Pew Research Center analyzed 10 years of occupational employment data compiled by... Read More

WASHINGTON - International investment in residential real estate in the United States plunged 36% in the past year as Chinese buyers fled the market, the National Association of Realtors said Wednesday. The sobering analysis comes via the Realtors' annual survey... Read More

New legislation passed the House last week to help small businesses gain access to capital, expand, and hire workers.  H.R. 3050, the Expanding Investment in Small Businesses Act of 2019, was introduced by Freshman GOP Representative Bryan Steil, R-Wis., and... Read More